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EURCHF Remains Above Key Support Level – Market Forecast for February 24, 2025
The EURCHF currency pair has recently experienced downward pressure but has managed to maintain positive momentum, closing consistently above the crucial support level of...
EURJPY Faces Decline – Forecast for February 17, 2025
The EURJPY currency pair has struggled to maintain momentum above the 160.25 mark, as it succumbed to the negative pressure from key technical indicators....
USD/CHF Price Seeks Positive Momentum for Further Gains: Forecast for February 11, 2025
The USD/CHF pair is currently holding above the 0.9100 level, but it requires a positive catalyst to maintain its upward momentum. If the price...
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India’s Forex Reserves Rise for Second Consecutive Week to $630.6 Billion
India's foreign exchange reserves grew for the second straight week, reaching a total of $630.6 billion as...
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How Long Should I Hold a Forex Trade?
The forex market, or foreign exchange market, is one of the largest and most liquid financial markets...
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Is a Higher or Lower Spread Better?
In the world of financial markets, particularly in forex (foreign exchange) trading, the concept of spreads plays...
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USDCHF Gains Momentum Towards 0.8995 Target
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The USDCHF pair exhibited positive trading dynamics in the previous session, reaching the 0.8950 level. This marks an important milestone as the pair awaits...
GBPJPY Remains Sluggish with Minor Bullish Bias
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The GBPJPY pair has exhibited a consistent but sluggish performance within a minor bullish channel. It has recently settled near the 184.00 level, primarily...
EURJPY Gains Positive Momentum and Eyes Further Upside
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The EURJPY pair experienced a boost in positive momentum recently, reaching the 158.65 level before retracing slightly to settle at around 158.00. This bullish move...
GBPCAD Exits Bullish Track, Entering Bearish Phase
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The GBPCAD pair has recently succumbed to downward pressure, breaking below the minor bullish channel's support line at 1.7040. It has formed a series...
USD/CHF Awaits Positive Momentum
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The USD/CHF currency pair remains confined within a sideways trading range, as depicted on the chart. It is currently awaiting a bullish catalyst to...
NZD/USD Completes Bearish Pattern
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The NZD/USD currency pair has recently come under bearish pressure, breaching the critical support level at 0.5900 and attempting to maintain a position below...
GBP/JPY Maintains its Bullish Trajectory
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The GBP/JPY currency pair continues to advance along its established bullish path, demonstrating no deviations from its upward trajectory. It has recently achieved a...
EUR/JPY Initiates a Bullish Rally
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The EUR/JPY currency pair has convincingly maintained its bullish momentum by distancing itself from the additional support level at 157.00. It has successfully reached...
EUR/CAD Pair Shows Bearish Momentum
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The EUR/CAD currency pair has reaffirmed its bearish stance as it recently dipped below the 1.4600 level. This move suggests a potential resurgence of...
NZD/USD Establishes a Support Base
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The NZD/USD currency pair has found stability above the key level of 0.5900, which has allowed it to establish a solid support base. This...
USD/CHF Awaits Further Upside Movement
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The USD/CHF currency pair remains within a sideways trading range while maintaining stability above the 0.8890 level. This price action is indicative of the...
GBP/JPY Tests Support Amid Bullish Scenario
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The GBP/JPY currency pair recently concluded a bearish correctional rebound, testing the minor support level within its established bullish channel, specifically at 182.65. The...